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Tuesday, May 23, 2017

The credit rating of Australia downgraded from “stable” to “negative”


Forecast long-term credit rating of Australia downgraded from “stable” to “negative” by the decision of international rating Agency Standard & Poor’s (s&P).

“This decision remains Australia’s highest credit rating AAA, but is a warning about his possible demotion, if not taken effective measures to stabilize the budget,” according to broadcaster ABC.

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